The Senate Banking Committee held a hearing to discuss reducing systemic risk through Wall Street reforms, including the implementation of Dodd-Frank.
Link here to see a summary of the hearing produced by Delta Strategy Group. Among the topics addressed in the questioning were the following:
Cross-Border Regulation
Rule Making Progress (and Volcker)
Cooperation between the Regulators
Money Market Funds
The Jobs Act
Physical Commodity Holdings by Banks
Fiduciary Duties for Securities Brokers
Corporate Voting Structures Where Some Shares Have Greater Voting Rights Than Others
The following witnesses testified:
- CFTC Chairman Gary Gensler (prepared statement);
- SEC Chairman Mary Jo White (prepared statement).
See also: Hearing webcast.